To translate data into better data-driven business decisions, data analysts utilize mathematical and analytical techniques. The need for knowledgeable data analysts to process and comprehend the growing amount of data that is available to businesses is growing as well. For their expertise, data analysts are frequently well compensated. You’ll discover in this post the typical pay for data analysts. We will look into the salary of a data analyst for senior and entry-level in places like Houston.
Salary of Data Analyst
According to the job listing website Glassdoor, the average income for a data analyst in the United States in December 2022 will be $66,859. According to the US Bureau of Labor Statistics, the median annual wage for data analysts is $82,360, whereas Robert Half, a company that provides human resources consultancy, shows a midpoint compensation of $106,500. Despite the wide variety, all of these salaries are considerably greater than the $58,260 mean annual wage for all occupations in the United States.
Data Analyst Salaries by Experience
Your amount of experience is one of the main variables that can affect your pay. In general, you may anticipate making more money as a data analyst the longer you work in the field. According to Glassdoor, the experience might have the following effects on your data analyst salary:
- (Data Analyst) 2 to 4 years: $98,682
- Senior Data Analyst: $112,593 for 5 to 7 years
- Principal Data Analyst, 8+ years, $138,031
Your earning potential can increase even more if you take on a leadership position. According to Glassdoor, analytics directors make $180,392, while analytics managers in the US get an average compensation of $129,076.
Data Analyst Salaries by Industry
Data analytics may be used in almost every industry to improve business choices. Industries with the most demand for data specialists also tend to pay the highest salaries on average. More than three-quarters of data job vacancies are in the fields of finance and insurance, professional, scientific, and technical services, information technology, management, and manufacturing. As stated by Glassdoor, these are the salaries:
- Analyst of financial data: $80,003
- Analyst of technical data: $78,332
- Analyst of scientific data: $93,849
Data Analyst Salaries by Location
How much money you make as a data analyst can be greatly influenced by where you live. Generally speaking, earning more money when working in a large city. Companies frequently provide location-based salaries—salaries that take into account location rather than just merit—as more and more businesses use a geographically dispersed workforce (including remote workers). These are the midpoint salaries for data analysts in the following significant US cities, according to Glassdoor:
- $85,806 in San Francisco
- $80,571 in New York
- $76,536 in Boston
- $66,106 in Washington, D.C.
- $79,137 in Chicago
- Arizona: $74,140
Senior Data Analyst Salary
In the US, a Senior Data Analyst gets an average salary of $100,461. Senior data analysts typically receive a $1,638 bonus, or 2% of their annual salary, and 33% of them say they get one every year. San Francisco has the highest average total salary for senior data analysts at $152,348; this is 52% higher than the US average.
Salary Ranges for Senior Data Analysts
Senior Data Analysts in the US earn salaries ranging from $18,969 to $504,776 per year, with a median pay of $92,000. Senior Data Analyst makes an average salary of $92,000 to $228,255, with the top 86% earning $504,776.
How much tax will you have to pay as a Senior Data Analyst?
In 2018, the average federal tax rate for a single filer in this tax bracket is predicted to be 24%. Senior Data Analysts may anticipate a take-home salary of $82,061 per year, or roughly $3,419 every paycheck, after deductions for federal taxes at a rate of 24%.
Data Analyst Salary Entry Level
The average hourly wage for an Entry Level Data Analyst in the United States as of June 9th, 2023 is $22.98. There may be several prospects for progression and greater income dependent on skill level, region, and years of experience given the wide variation in the typical salary range for an entry-level data analyst (by as much as $8.89). In your region, the average hourly wage for an entry-level data analyst is $29, which is $5.83 (25%) higher than the $22.98 national average. Ranked first nationally among the 50 states for Entry Level Data Analyst salaries.
There are at least five positions in the Entry Level Data Analyst job category that pay more annually than the average Entry Level Data Analyst salary, according to our research. Top examples of these positions include Senior Lead Data Analyst, Senior Data Analyst Remote, and Data Analyst Report Writer. Importantly, the typical entry-level data analyst income is $47,791, therefore all of these positions pay between $56,263 (117.7%) and $79,093 (165.5%) more than that.
Junior Data Analyst Salary
As of May 25, 2023, the average Junior Data Analyst pay is $61,798; however, the normal compensation range is $53,503 to $72,136. Salary ranges can vary significantly depending on a variety of crucial aspects, including schooling, credentials, supplementary talents, and the length of time you’ve been working in a given field.
Data Analyst Salary Houston
In Houston, Texas, a data analyst typically earns $86,111 annually. In Houston, Texas, a data analyst will receive an additional $20,000 in cash on average every year. Also, in Houston, Texas, the average annual salary for a data analyst is $106,111. Based on responses compiled by Built In from anonymous Data Analyst employees in Houston, TX, Data Analyst salaries are calculated. You make more money than the typical Houston data analyst
In Houston, Texas, there are at least 5 jobs in the category of Entry Level Data Analyst that pay more annually than the average salary for this position. Top examples of these positions include Business Analyst Data Warehouse, Senior Data Analyst Remote, and Data Analyst Report Writer. Importantly, the salaries for all of these positions range from $54,748 (130.8%) to $86,920 (207.7%) more than the $41,855 average entry-level data analyst income.
How much does an Entry Level Data Analyst make in Houston, Texas?
The average annual salary for an Entry Level Data Analyst in Houston is $41,855 as of June 9, 2023. That comes out to about $20.12 an hour, in case you need a quick pay calculator. This amounts to $804 per week or $3,487 per month. There may be several prospects for progression and greater income dependent on skill level, region, and years of experience given the wide variation in the average salary range for an entry-level data analyst (up to $17,930).
Do Data Analysts Make Good Money?
Based on experience, region, industry, firm type, etc., analysts can make up to $125,000 annually.
Can I Make 100K as a Data Analyst?
The average wage for those with advanced talents or at least three years of work experience is over $100,000 per year.
How Much Do Data Analysts Make in NYC?
In New York, a data analyst typically earns $86,723 a year.
Is Getting a Data Analyst Job Hard?
Although it may involve some technical abilities, being a data analyst isn’t particularly difficult for most people. Additionally, data analysis is a professional path that necessitates constant education due to the field’s ongoing improvements.
Do Data Analysts Need a Degree?
According to the US Bureau of Labor Statistics, a bachelor’s degree is often required for entry-level positions as a data analyst.
What Qualifies You To Be a Data Analyst?
To work as a data analyst, you must have a bachelor’s degree in statistics, computer science, or mathematics.
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